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Volkswagen Defends Workforce Cuts and Cost-Saving Measures at Employee Assembly

VW leadership and union representatives address employees following a December agreement to cut 35,000 jobs in Germany by 2030 while avoiding plant closures and layoffs.

  • Volkswagen and IG Metall reached a December agreement to reduce 35,000 jobs in Germany by 2030, avoiding plant closures and forced layoffs.
  • The deal reinstates and extends job security guarantees until 2030, which had previously been revoked by VW.
  • Cost-saving measures include cuts to bonuses, holiday pay, and other allowances, with salary increases on hold and adjustments to align with lower industry tariffs by 2027.
  • Betriebsratschefin Daniela Cavallo acknowledged the painful concessions but emphasized the preservation of the company's internal tariff structure.
  • Volkswagen CEO Oliver Blume attended the assembly but refrained from speaking, following criticism during prior meetings marked by employee protests.
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